Natural gas gains 10 cents

Posted on: August 23, 2016

After dropping 9 cents to head into the weekend, gas made up ground on Monday with the front future gaining 10 cents to settle at $2.68. The rally was contained to the first few months of the curve, with the rest of the contracts stagnating. Weather was the main driver, as some heat returned to the forecast in the Northeast. AECO basis was unchanged.